Global watchdog says stablecoins are not crisis ready

FSB flags stablecoin crisis gaps. Rules untested in severe stress. Cross-border sharing must improve.

Today's key developments:

• FSB says global stablecoin rules remain untested for a severe crisis and calls for cross-border info sharing.

• Standard Chartered launched custody for Ripple USD on XRP Ledger and plans to let funds use it as trading collateral.

• Jeonbuk Bank in South Korea started Bitcoin-backed loans for corporate clients using third-party custody.

📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/global-watchdog-says-stablecoins-are-not-crisis-ready-oct-12-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast

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